Latest News on private equity markets

Exclusive: Pile drive - China expected to divert outstanding U.S. soybean cargoes into reserves

China will stockpile up to 7 million tonnes of soybeans bought from the United States during an earlier truce in the trade war between the nations, two traders familiar with the matter said, rather than crush them for immediate sale as a feed ingredient.



1 year ago

Tech problems keep stocks soft; bonds stay strong

Stock markets remained under pressure on Tuesday as worries about a clampdown on the world's internet and social media giants compounded mounting global trade and recession jitters.



1 year ago

China warns its companies on U.S. travel, rebuffs trade criticism

China warned its companies operating in the United States on Tuesday they could face harassment from U.S. law enforcement agencies, as it also rebuffed U.S. criticism of a trade white paper as "singing the same old tune".



1 year ago

Five years after MH17 downing, airline conflict alert system remains patchy

When Pakistan closed its airspace during conflict with India in February, Malaysia Airlines was not one of the carriers left scrambling to re-route flights because it had already done so two weeks earlier, the carrier's chief executive said.



1 year ago

Activist hedge fund CIAM will 'strongly oppose' FCA-Renault deal

Activist hedge fund CIAM has written to the board of French automaker Renault to say it "strongly opposed" a planned $35 billion merger with Fiat Chrysler.



1 year ago

CVS to expand health hubs to 1,500 stores by end of 2021

CVS Health Corp said it will offer expanded health services such as nutrition counseling and blood pressure screenings in 1,500 stores by the end of 2021, following through on plans announced during the pharmacy chain's 2018 acquisition of health insurer Aetna.



1 year ago

IRS looking into Uber 2013-14 tax returns

Uber Technologies Inc is currently under a federal income tax examination by the Internal Revenue Service (IRS) for tax years 2013 and 2014, the ride-hailing company said in a filing https://www.sec.gov/Archives/edgar/data/1543151/000162828019007524/0001628280-19-007524-index.htm) on Tuesday.



1 year ago

U.S. firms fret as China's FedEx probe, planned hit-list heightens trade frictions

The sudden deterioration in trade talks between the United States and China last month has ratcheted up concerns among U.S. firms that the dispute could go beyond tariffs and affect business in the long-term.



1 year ago

Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme

The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with Chinese government and hospital officials to sell medical equipment, two U.S. sources with knowledge of the matter told Reuters.



1 year ago

Pernod confident on Asia, Jacob's Creek selling well in China

Drinks group Pernod Ricard, which is being targeted by activist investor Elliot, sounded confident on Tuesday over its growth prospects in Asia including for wines such as its Jacob's Creek brand.



1 year ago

FCA-Renault tie-up clears French hurdles before board meeting: sources

Fiat Chrysler has resolved key differences with France over its proposed merger with Renault, three sources told Reuters on Tuesday, as the French carmaker's board met to review the $35 billion tie-up plan.



1 year ago

Wall St. opens higher on rate cut hopes

U.S. stocks opened higher on Tuesday after a senior Federal Reserve official pointed the way to a cut in interest rates in response to slowing economic growth.



1 year ago

Uber says IRS probing its 2013-14 tax returns

The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million.



1 year ago

Wall Street gains on rate-cut hopes; tech leads rebound

U.S. stocks rose on Tuesday, led by a rebound in the battered technology sector, as Federal Reserve Chair Jerome Powell's said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut.



1 year ago

U.S. manufacturing struggling as orders, shipments decline

New orders for U.S.-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in manufacturing activity that could undercut the broader economy.



1 year ago